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GIC enhances the government's portfolio

GIC enhances the government's portfolio

For the financial year ended March 2012, the 20-year annualised real rate of return was 3.9%.

Great Eastern Q2 profit down to S$81.4m

The net profit for the quarter ended 30 June 2012 was lower than the S$117.7 million for the same period in 2011.

SingPost launches postcard mobile app

The Post-a-Card app is available for download for Android and iPhone users.

Electronic Road Pricing rates up S$1

The revised rates will apply starting 6 August.

HDB launches seven build-to-order projects

95% of the 4,191 new flats will be set aside for first-timers in flat allocation.

Fraser and Neave Hong Kong unit fails to get approval for privatisation

The proposal for Frasers Property (China) Limited's privatisation was not approved by the requisite majority at a court meeting. It was also disapproved by more than 10% of the votes attaching to all the shares held by the independent shareholders.

Prince Charles Crescent to go for $750 to $850 psf ppr

Knight Frank also predicts a selling price of $1,500 to $1,600 for the 2.38-ha government land residential site.

Keppel unit inks maintenance contract with Changi Airport

The 5-year deal will cover Keppel's facilities management services for Terminal 2's mechanical and electrical systems.

Mystery developer bids $390m for Prince Charles Crescent plot

The 2.38-ha site will be for sale by public tender in about two weeks.

CapitaMalls Asia acquires Olinas Mall in Tokyo

The acquisition from Tiger Eye Realty Yugen Kaisha is worth S$367.3 million.

Raffles Medical Group vies for private hospital site in HK

The tender results for the 27,500 sq m site will be announced early 2013.

SingTel mio TV to show Olympics' opening ceremony in 3D

Subscribers can enjoy free access to all Olympic Channels from 28 July to 13 August.

OSIM on a 14-quarter profit growth streak

The massage chair manufacturer posted a profit after tax of S$23 million in Q2, up 20% from the previous quarter.

Starhub TV launches Jiangsu Satellite Channel

Subscribers can enjoy this general entertainment channel at no additional cost starting 1August.

Girl power: Servcorp to award outstanding businesswomen in 2013

'Women in Business Awards' are the first of their kind to honor the works of Singaporean businesswomen.

StarHub launches travel and video gaming channels

Two-week free preview of Ginx and Travel Channel will be held from 30 July to 11 August.

IHH Healthcare shares open higher than IPO price in Singapore

Shares were traded at S$1.22, or above the Singapore IPO price of S$1.113.